Cryptocurrency is defined as communication in a hostile environment. For that reason, we should think about the hostilities surrounding the crypto environment. The number one hostility is called leverage. Because that’s how the most money has been lost in the bubbles. A good example of how dangerous leverage is was the Crash of ’29.
Just as we must be responsible with our teeth by taking care of them and delegating them to professionals for proper maintenance, we must do the same with our money. We must take care of our money and we must delegate appropriately. Because only this way we will maintain our purchasing power and avoid serious failures. That is why, as the blockchain asset management industry advances, the options are becoming more sophisticated and professionalized.
Now we all have access to YouTube tutorials and free quality information in entertaining formats. However, we must remember that “he who grasps too much grasps too little” and that the cobbler must pay attention to his shoes and the goalkeeper to his goal, as says Manolo Lama. In these cases, concentration is spectacularly valuable. Each one has its function within the world of wealth management.
At Belobaba we strive to manage our clients’ money so that they can focus on their main activity, but we also need them to take care of their finances in order to synergize properly.